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November 15, 2024 |
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| Home > Small Business Lenders by State > Florida Business Loan Sources > Saint Petersburg, Business Loans > Synovus Bank Of Tampa Bay Saint Petersburg Business Loans > Drinking Places Loan | ||||
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Florida Small Business Funding
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Where to Get Capital for Drinking PlacesLooking for small business loans for drinking places? The SBA may be the answer. This $310,000 drinking places loan was issued by a Florida bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Saint Petersburg, Florida was able to borrow $310,000 from Synovus Bank Of Tampa Bay. The SBA made the loan possible by guaranteeing $232,500 of this Florida small business loan. SBA Loan Borrower COMPANY TYPE: DRINKING PLACES SBA Loan Lender SYNOVUS BANK OF TAMPA BAY This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5813 - Drinking Places NAICS Code 722410 - Drinking Places Loan Approval Date 5/18/2000 Loan Approval Gross Amount $310,000 Loan Approval from the SBA Of the total $310,000 loan amount, the SBA guaranteed $232,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $310,000 loan. Remember, where there is a will, there is a way! About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Who Lends Money to Small Businesses in Saint Petersburg, Florida
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